The Economics of Financial Infrastructure

Albin Spinner ()

Chapter Chapter 4 in The Financial Metaverse, 2024, pp 107-143 from Springer

Abstract: Abstract The implementation of the financial metaverseMetaverse requires considerable fixed costs. They include setting up the tradingTrading venue, physical and software IT platform, risk and legal infrastructure and the implementation of a governance system. This means that there are significant time and effort required to build a new contract. Fixed costs are high. However, variable costs per market participants are low. The resulting substantial economies of scale mean that the financial metaverseMetaverse, like traditional finance, is increasingly useful with more users.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-53915-2_4

Ordering information: This item can be ordered from
http://www.springer.com/9783031539152

DOI: 10.1007/978-3-031-53915-2_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().